SUFA Technology Industry Co., Ltd.,CNNC Reports Earnings Results for the Full Year Ended December 31, 2021
April 20, 2022 at 01:30 pm
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SUFA Technology Industry Co., Ltd.,CNNC reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 1,547.14 million compared to CNY 1,152.13 million a year ago. Revenue was CNY 1,557.54 million compared to CNY 1,166.86 million a year ago. Net income was CNY 120.13 million compared to CNY 104.63 million a year ago. Basic earnings per share from continuing operations was CNY 0.31 compared to CNY 0.27 a year ago. Diluted earnings per share from continuing operations was CNY 0.31 compared to CNY 0.27 a year ago.
SUFA Technology Industry Co., Ltd. CNNC is a China-based company principally engaged in the design, research, development, manufacture, sale and provision of services of industrial valves. The Companyâs main products include gate valves, stop valves, check valves, ball valves, butterfly valves, diaphragm valves and regulating valves, among others. The Company's valve products are mainly used in nuclear, petroleum, chemical engineering, metallurgy, electricity and other industries. The Company is also involved in blank manufacturing and other businesses. The Company distributes its products in domestic market and to overseas markets.